Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (51515)	5/21/2000 4:49:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 99985

Except we're at about a 35% dip right now. NAZ was 1900 three years back. Assuming a 20% growth (remember the NAZ 100 has earnings grow in excess of 30%) that would put the NAZ at about 3300. So, I think expecting the NAZ to go sub-2500 ... or waiting for it is waiting for too much. That said, most believe the NAZ will be back to +4000 in 12 months... perhaps even 5000. So, buying here or at 2900.. or 2700 really means little. Both will be good buys. HOWEVER!!! If you're a trader and think this is the bottom of short term cycle (we've been in a 3350-3750 trading range) and aren't watching the indicators properly and go long here and we break support... you sell and you lose. An investor socks it away and wins. The point.. at 3300 the dip is 35% and you really can't go wrong. Traders may. OG